Simon Property Group and its management company, M.S. Management Associates, were hit with a federal tenant class action lawsuit that alleges the defendants artificially inflated electricity costs that were passed on to tenants.

Buckner Miles and Kelley Uustal represent the lead plaintiff, Café  Gelato & Panini LLC, in the Florida suit before the US District Court for the Southern District of Florida. The nationwide class action seeks damages exceeding $100 million from the defendants, due to the alleged "execution of its complex, surreptitious, and illegal mark-up of electricity charges scheme," according to the complaint.

Café Gelato operates at Town Center at Boca Raton, which is a shopping center owned by Simon and under management from M.S. Management. Simon is a real estate investment trust that focuses on shopping malls, with properties around the nation, while M.S. manages its malls nationwide.

Read the complaint:

[falcon-embed src="embed_1"]

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Michael A. Mora

Michael was born and raised in South Florida. He went to undergrad at Florida Atlantic University and earned his master's degree from the Columbia University Graduate School of Journalism. He is the crypto litigation reporter for Law.com, as well as an editor for ALM Global. You can email him at [email protected].